Halleluiah, Mr Carney is a welcome breath of fresh air to the macroeconomics business that we need badly at the moment.  The previous administration, of Sir Mervyn King, frankly had its focal points exclusively on inflation and therefore everything was directed to it.  Clearly, the new Governor has been given a wider brief that includes unemployment. That is closer to the American model as most observers consider the unemployment rate in the USA to be the one of the key components in the recovery of the economy  -more so than inflation.

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